Bullish traders are seriously stabilizing the market, are bearish traders in danger?

Good morning, after waking up, Bitcoin has rebounded to the 108800 level. Isn't this the starting point of this deep V? If it breaks through, won't the bearish traders be completely wiped out? Just before going to sleep last night, the story was still about the bearish traders happily taking profits, and now that I wake up, the situation has changed again. But it's good, at least it has broken the daily thousands of points of fluctuation, people are so numb from the shaking...

Last week, the signs of a pullback were becoming increasingly obvious, the market was under pressure, and there was a need for indicators to pull back. However, the bullish traders were too aggressive in market stabilization, causing prices to not drop much, and any rebound quickly brought prices back up. A large bullish candle on the weekly chart ended the previous two consecutive bearish candles, and the key upper band is opening upwards. The MACD does not show any significant decrease in volume for bullish momentum, and the KDJ lines are converging with a golden cross upwards. Therefore, bearish traders should not be too blindly aggressive; one should not subjectively say that the market cannot break past the previous high. When it reaches the previous resistance area, a pullback is expected, and a significant drop could occur. Stops should definitely be set. On the daily chart, the upper Bollinger band is opening downwards, with resistance around 110,000. However, the MACD is showing bullish momentum, and the KDJ has not yet formed a dead cross downwards. Therefore, in terms of operations, be cautious with chasing highs, as the risk of a pullback still exists. Avoid chasing long positions at high levels!

Zhongliang's mindset has always been bearish. The market won't rise significantly unless it deeply tests the bottom first. However, this is just a personal subjective opinion; everything should still be based on the market itself. During the day, we rely on resistance to look for a pullback first. This market can easily stir the emotions of bullish traders, causing people to blindly chase after price increases. The resistance above is focused on 108500, 109500, and 110500. Short positions should be entered around these levels. As long as the daily K-line does not break above the descending trendline's resistance, the mindset remains bearish, with pullbacks looking at 107500, 106500, and 105500.

The price of Ethereum has risen above the mid-band resistance of the daily K-line, and the weekly K-line has not closed with a string of long upper shadows as before. It is about to face the previous entity resistance level at 2545. In terms of operations, the strategy for the day is to consider short positions. Focus on the resistances at 2520, 2545, and 2580, and plan to enter short positions around these levels, with targets looking down at 2470, 2420, and 2380.

Everyone must remain rational and clear-headed. When the market reaches a critical moment, it is up to you to judge whether it will continue to rise and break through, leading to a short squeeze, or if it is a deliberate trap to attract more buyers before a crash. The market fluctuates with ups and downs, and every day there are people laughing and crying. Always use a manageable position to seek reasonable profits! Risk and profit always coexist! #特朗普税改法案